Notice Information
Notice Title
UK Export Finance Political and Credit Risk Insurance Services
Notice Description
UK Export Finance ("the Authority") has a potential requirement for framework agreements for political and credit risk insurance & brokerage services . The proposed procurement will entail services for the proposed framework agreement for both the Brokerage services and insurance panel in relation to political and credit risk. Lot structure: * Lot 1 Insurance brokerage services *Lot 2 Insurance panel The purpose of this Prior Information Notice (PIN) is a development to publication of the Prior Information Notice (PIN) in July 2021 (Reference: https://www.find-tender.service.gov.uk/Notice/017283-2021 ), In July 2021, the Department for International Trade on behalf of UK Export Finance sought feedback from the supplier market on some preliminary elements of scope via qualitative questionnaire. The market engagement was effective, a broad selection of interested Potential Service providers participated through qualitative questionnaire and raised clarification questions. This approach allowed the Authority to gain some insights and test the market's capacity and capability to deliver the requirement as currently described. The approach set out our initial thinking and has subsequently evolved in light of feedback received from the market, internally and lessons learned. We have been working to further refine and develop our proposition. A prospectus describing the requirement will be made available from via the jaggaer e-tendering portal to potential service providers service providers who register an interest against this PIN. e-tendering portal: https://uktrade.app.jaggaer.com/web/login.html?_ncp=1639346319199.3102286-1
Lot Information
Insurance Brokerage Services
Insurance Brokerage Services * Arranging the placing of new Contracts of Insurance (as described below) * Managing communications and endorsements relating to new and existing Contracts of Insurance Political and Credit Risk Insurers The typical profile of the insurance policies is (but not limited to): * Political and Credit Risk, generally involving counterparties outside the UK * Facultative Insurance Policies (although other forms of insurance policy may be considered, eg Treaty Insurance) * Sums insured typically between PS10m and PS500m * Call offs to be made through direct award or further competitions c.5 times per annum * Insurance tenors between 5 and 15 years * Transactions and Premiums denominated in US Dollars or Euros Additional information: The Authority will be using the Portal to manage expressions of interest and all communications will be made through the Portal: https://uktrade.app.jaggaer.com/web/login.html This PIN is released for market sounding purposes only. This PIN does not formally signify the beginning of any procurement exercise by the Authority, nor does it constitute a commit
Political and Credit Risk Insurersas per the short description
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0300aa
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/031027-2021
- Current Stage
- Planning
- All Stages
- Planning
Procurement Classification
- Notice Type
- Planning Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66000000 - Financial and insurance services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 13 Dec 20214 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- 31 Jan 2022Expired
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Planned
- Lots Status
- Planned
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- DEPARTMENT FOR INTERNATIONAL TRADE
- Contact Name
- Not specified
- Contact Email
- corporateservices@trade.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LONDON
- Postcode
- N/A
- Post Town
- Not specified
- Country
- Not specified
-
- Major Region (ITL 1)
- Not specified
- Basic Region (ITL 2)
- Not specified
- Small Region (ITL 3)
- Not specified
- Delivery Location
- Not specified
-
- Local Authority
- Not specified
- Electoral Ward
- Not specified
- Westminster Constituency
- Not specified
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-0300aa-2021-12-13T22:45:03Z",
"date": "2021-12-13T22:45:03Z",
"ocid": "ocds-h6vhtk-0300aa",
"initiationType": "tender",
"tender": {
"id": "ocds-h6vhtk-0300aa",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "UK Export Finance Political and Credit Risk Insurance Services",
"status": "planned",
"classification": {
"scheme": "CPV",
"id": "66000000",
"description": "Financial and insurance services"
},
"mainProcurementCategory": "services",
"description": "UK Export Finance (\"the Authority\") has a potential requirement for framework agreements for political and credit risk insurance & brokerage services . The proposed procurement will entail services for the proposed framework agreement for both the Brokerage services and insurance panel in relation to political and credit risk. Lot structure: * Lot 1 Insurance brokerage services *Lot 2 Insurance panel The purpose of this Prior Information Notice (PIN) is a development to publication of the Prior Information Notice (PIN) in July 2021 (Reference: https://www.find-tender.service.gov.uk/Notice/017283-2021 ), In July 2021, the Department for International Trade on behalf of UK Export Finance sought feedback from the supplier market on some preliminary elements of scope via qualitative questionnaire. The market engagement was effective, a broad selection of interested Potential Service providers participated through qualitative questionnaire and raised clarification questions. This approach allowed the Authority to gain some insights and test the market's capacity and capability to deliver the requirement as currently described. The approach set out our initial thinking and has subsequently evolved in light of feedback received from the market, internally and lessons learned. We have been working to further refine and develop our proposition. A prospectus describing the requirement will be made available from via the jaggaer e-tendering portal to potential service providers service providers who register an interest against this PIN. e-tendering portal: https://uktrade.app.jaggaer.com/web/login.html?_ncp=1639346319199.3102286-1",
"lotDetails": {
"maximumLotsAwardedPerSupplier": 1
},
"lots": [
{
"id": "1",
"title": "Insurance Brokerage Services",
"description": "Insurance Brokerage Services * Arranging the placing of new Contracts of Insurance (as described below) * Managing communications and endorsements relating to new and existing Contracts of Insurance Political and Credit Risk Insurers The typical profile of the insurance policies is (but not limited to): * Political and Credit Risk, generally involving counterparties outside the UK * Facultative Insurance Policies (although other forms of insurance policy may be considered, eg Treaty Insurance) * Sums insured typically between PS10m and PS500m * Call offs to be made through direct award or further competitions c.5 times per annum * Insurance tenors between 5 and 15 years * Transactions and Premiums denominated in US Dollars or Euros Additional information: The Authority will be using the Portal to manage expressions of interest and all communications will be made through the Portal: https://uktrade.app.jaggaer.com/web/login.html This PIN is released for market sounding purposes only. This PIN does not formally signify the beginning of any procurement exercise by the Authority, nor does it constitute a commit",
"status": "planned"
},
{
"id": "2",
"title": "Political and Credit Risk Insurers",
"description": "as per the short description",
"status": "planned"
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66000000",
"description": "Financial and insurance services"
}
],
"deliveryAddresses": [
{
"region": "UK"
}
],
"relatedLot": "1"
},
{
"id": "2",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66000000",
"description": "Financial and insurance services"
}
],
"deliveryAddresses": [
{
"region": "UK"
}
],
"relatedLot": "2"
}
],
"communication": {
"futureNoticeDate": "2022-01-31T00:00:00Z"
}
},
"parties": [
{
"id": "GB-FTS-134",
"name": "Department for International Trade",
"identifier": {
"legalName": "Department for International Trade"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "corporateservices@trade.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.gov.uk/government/organisations/uk-export-finance",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "MINISTRY",
"description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
},
{
"scheme": "COFOG",
"id": "01",
"description": "General public services"
}
]
}
}
],
"buyer": {
"id": "GB-FTS-134",
"name": "Department for International Trade"
},
"language": "en"
}